Stifel hired Michael Gonzales as a managing director in the firm’s fixed income capital markets group.

In this role, Gonzales will lead Stifel’s efforts to expand its front-end credit sales, focusing on a broad spectrum of fixed income products, including asset-backed securities, investment-grade corporate debt, U.S. government securities and structured notes. He will be based in the San Francisco Bay area.

A fixed income specialist with 28 years of experience trading, selling and managing such assets, Gonzales joins Stifel from Citigroup, where he was a managing director and head of West Coast short-term fixed income sales for the western U.S. Prior to Citigroup, he was a vice president and portfolio manager at Bank of America, where he held multiple credit and research analyst positions, including managing short duration mutual funds and separately managed accounts.

“We remain focused on expanding our fixed income platform at a time when our diverse client base is facing uncertainty and opportunity,” Jon Walker, head of credit sales at Stifel, said. “Michael’s deep institutional relationships, product expertise and successful track record in selling fixed income assets make him an ideal addition to our team.”

“I’m excited to join a talented and deep team, which leverages Stifel’s broad distribution capabilities to address corporate and institutional clients’ fixed income needs, particularly at the short end of the yield curve,” Gonzales said.